The Comox Valley Real Estate Market has taken a shift from a balanced market to a buyers market partially due to an increase in inventory. It takes on average 54 days to sell a single-family home. Homes are selling 23% slower compared to September 2018.
As of September 30, 2019, we had 278 listings, up 31% from 213 this time last year. 59 listings were sold in September, up 3.5% from 57 this time last year.
The average sale price of a detached home is $582,000. Up 15% from $507,200 this time last year. The average sale price of townhomes is $371,700. Up 10% from $337,400 this time last year. The average sale price for condos is $306,100. Down 4.3% from $319,900 this time last year.
For more information on the Comox Valley housing market or a detailed analysis on your home contact Samuel Ennis at 250-897-9813 or email@example.com